EMLP.L vs. STYC.L
EMLP.L (PIMCO Emerging Markets Advantage Local Bond Index UCITS ETF Acc) and STYC.L (PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc) are both exchange-traded funds - EMLP.L is a Emerging Markets Bonds fund tracking the JPM GBI-EM Global Diversified TR USD, while STYC.L is a High Yield Bonds fund tracking the Bloomberg US Corporate High Yield TR USD. Both are passively managed. Over the past 10 years, EMLP.L returned 3.99%/yr vs 6.28%/yr for STYC.L. A 0.53 correlation means they provide meaningful diversification when combined. EMLP.L charges 0.61%/yr vs 0.55%/yr for STYC.L.
Performance
EMLP.L vs. STYC.L - Performance Comparison
Loading charts...
Different Trading Currencies
EMLP.L is traded in GBP, while STYC.L is traded in USD. To make them comparable, the STYC.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, EMLP.L achieves a 1.51% return, which is significantly lower than STYC.L's 1.82% return. Over the past 10 years, EMLP.L has underperformed STYC.L with an annualized return of 3.99%, while STYC.L has yielded a comparatively higher 6.28% annualized return.
EMLP.L
- 1D
- -0.16%
- 1M
- 0.73%
- YTD
- 1.51%
- 6M
- 1.14%
- 1Y
- 9.68%
- 3Y*
- 3.69%
- 5Y*
- 4.40%
- 10Y*
- 3.99%
STYC.L
- 1D
- -0.02%
- 1M
- 1.34%
- YTD
- 1.82%
- 6M
- 1.28%
- 1Y
- 8.26%
- 3Y*
- 6.01%
- 5Y*
- 6.34%
- 10Y*
- 6.28%
EMLP.L vs. STYC.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMLP.L PIMCO Emerging Markets Advantage Local Bond Index UCITS ETF Acc | 1.51% | 9.10% | -1.68% | 7.52% | 5.55% | -4.33% | -1.55% | 9.55% | -1.46% | 2.43% |
STYC.L PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc | 1.82% | 1.35% | 9.97% | 6.08% | 6.48% | 5.36% | 0.79% | 5.84% | 5.28% | -3.67% |
Correlation
The correlation between EMLP.L and STYC.L is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since May 19, 2015 | 0.53 |
The correlation between EMLP.L and STYC.L shifts across timeframes, from 0.43 (5 years) to 0.53 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EMLP.L vs. STYC.L — Risk / Return Rank
EMLP.L
STYC.L
EMLP.L vs. STYC.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Emerging Markets Advantage Local Bond Index UCITS ETF Acc (EMLP.L) and PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc (STYC.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| EMLP.L | STYC.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.22 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 2.06 | +0.18 |
| Martin ratioReturn relative to average drawdown | 6.49 | 6.39 | +0.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EMLP.L | STYC.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.79 | 1.25 | +0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.76 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.64 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.65 | -0.32 |
Drawdowns
EMLP.L vs. STYC.L - Drawdown Comparison
The maximum EMLP.L drawdown since its inception was -20.02%, which is greater than STYC.L's maximum drawdown of -15.73%. Use the drawdown chart below to compare losses from any high point for EMLP.L and STYC.L.
Loading charts...
Drawdown Indicators
| EMLP.L | STYC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.02% | -15.73% | -4.29% |
Max Drawdown (1Y)Largest decline over 1 year | -4.29% | -3.99% | -0.30% |
Max Drawdown (3Y)Largest decline over 3 years | -4.90% | -9.53% | +4.63% |
Max Drawdown (5Y)Largest decline over 5 years | -11.25% | -11.00% | -0.25% |
Max Drawdown (10Y)Largest decline over 10 years | -19.12% | -15.73% | -3.39% |
Current DrawdownCurrent decline from peak | -2.33% | -0.86% | -1.47% |
Average DrawdownAverage peak-to-trough decline | -6.09% | -4.03% | -2.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.49% | 1.29% | +0.20% |
Volatility
EMLP.L vs. STYC.L - Volatility Comparison
The current volatility for PIMCO Emerging Markets Advantage Local Bond Index UCITS ETF Acc (EMLP.L) is 1.50%, while PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc (STYC.L) has a volatility of 2.13%. This indicates that EMLP.L experiences smaller price fluctuations and is considered to be less risky than STYC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EMLP.L | STYC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.50% | 2.13% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 4.23% | 5.12% | -0.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.40% | 6.55% | -1.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.09% | 8.33% | -0.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.52% | 9.86% | -0.34% |
EMLP.L vs. STYC.L - Expense Ratio Comparison
EMLP.L has a 0.61% expense ratio, which is higher than STYC.L's 0.55% expense ratio.
Dividends
EMLP.L vs. STYC.L - Dividend Comparison
Neither EMLP.L nor STYC.L has paid dividends to shareholders.
Frequently Asked Questions
EMLP.L and STYC.L have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, STYC.L is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
STYC.L is cheaper with a 0.55% expense ratio, compared with 0.61% for EMLP.L.
EMLP.L is categorized as Emerging Markets Bonds, while STYC.L is High Yield Bonds. EMLP.L tracks JPM GBI-EM Global Diversified TR USD, while STYC.L tracks Bloomberg US Corporate High Yield TR USD. Their fees differ too: 0.61% for EMLP.L and 0.55% for STYC.L.
Find the right allocation for EMLP.L and STYC.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer